Floyd Mayweather Jr. has shot down rumors circulating online that he is broke and is filing for bankruptcy during a panel for TheRealDeal’s NYC Forum 2025.
“Everybody is entitled to their own opinion,” Mayweahter said. “If we call having two private jets, owning a hundred buildings, and being able to do what you want bankrupt, then I’m pretty sure everybody wants to live like that.”
The boxing icon is taking legal action over a Business Insider article claiming there’s “no evidence” he dropped half a billion on a real estate portfolio, despite publicly announcing the massive deal. According to Mayweather, the report tarnished his reputation and jeopardized future business ventures.
Floyd Mayweather addresses rumors he’s broke and going bankrupt — while explaining why he’s suing Business Insider for $100 million over defamation, claiming they’ve been putting lies on his family name and hurting his real estate business, potentially costing him billions.
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“Someone is going out there putting lies on my name, putting lies on me and my team, hurting my business,” Mayweather explained. “We’re not talking about millions. We’re talking about billions of dollars. We can’t do that.”
He continued, “So this is my first time ever filing a lawsuit ever against a media company for speaking bad about my company. I’m not a liar. I’m a lot of things, but I’m not a liar. I work hard to build my name, to build my reputation, and I’m not going to let anyone go out there and speak my name or talk bad about me, my family, or my companies.”